Copper hits two-year low as signs of global slowdown stack up
Copper has slid 14% from this year’s high in mid-April on the back of a manufacturing slump and warnings that major economies are heading into recession.
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Chilean legislators reject lithium expropriation
A bill allowing the expropriation of private companies involved in lithium mining in Chile was found to be unconstitutional.
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LME three-month nickel hit a five-year high of $18,850 per tonne on Monday.
Venezuela gold reserves drop by $1bn in H1 2019
The value of the gold bars in central bank vaults fell to $4.62 billion, down 18.5% from $5.67 billion dollars at the end of 2018 - the lowest in 75 years.
Zambia mining firms say mineral royalties should be capped at 7.5%
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Newmont Goldcorp’s Ahafo mill in Ghana yields first ore after expansion
The upgrade is expected to increase average annual gold production at Ahafo by between 75,000 and 100,000 ounces for the first five years, starting in 2020.
Santacruz Silver updates Veta Grande resource estimate
The update applies a nominal cut-off value of 100.0 g/t AgEq for the project’s Panuco deposit.
Australia’s greenfield exploration spending up 57%
Total mineral exploration expenditure in the last quarter rose 31.1% to A$663.1 million.
